Erin township Minnesota Income Charts

This section shows the Erin township Minnesota economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Erin township depicts it has a Median earnings of $57,159 which is in the center range of other places in the greater region. The city with the highest median earnings per worker in the area is Heidelberg which shows a median earnings of $68,309 (19.5% larger). Comparing median earnings per worker to the United States average of $53,269, Erin township is 7.3% larger. Also, compared to the state of Minnesota, median earnings per worker of $57,586, Erin township is about the same size.

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $83,281 which is less than most other places in the metropolitan area. The city with the highest median household income in the area is Warsaw CDP which depicts a median income of $104,750 (25.8% larger). Comparing median household income to the United States average of $69,021, Erin township is 20.7% larger. Also, benchmarked against the state of Minnesota, median household income of $77,706, Erin township is 7.2% larger.

The next section examines a variety of different income statistics for the Erin township metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 6.7% of the total and is ranked #2. The only larger city being Kilkenny with 9.8%. Second, it has the largest proportion of earnings between $20,000 and $49,999 at 33.0% of the total and is ranked #1.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 41.9 which is the most of all places in the greater Erin township region. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has a Avg Hrly Earnings of $26.23 which is the smallest in terms of average hourly earnings of all the other places in the greater region. The city with the highest average hourly earnings in the area is Heidelberg which depicts an average hourly earnings of $36.09 (37.6% larger). Comparing average hourly earnings to the United States average of $26.40, Erin township is about the same size. Also, in comparison with the state of Minnesota, average hourly earnings of $28.99, Erin township is about 10.5% smaller.

Figure 7 examines the number of self employed people in the Erin township metro area based on the number of people who reported any self employment income. Erin township depicts it has a Self Employed of 20.1% which is the second most people self employed of all the places in the greater Erin township region. The city with the highest percentage of people self employed in the area is Heidelberg which depicts a percentage self employed of 27.7% (37.6% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years in the middle range of other places in the greater region at $82,000 of the total. Second, it has one of the largest proportions of median income-25 to 44 years at $116,250 of the total and is ranked #3. Only #2 New Prague ($127,232), and #1 Warsaw CDP ($138,056) are larger. Third, it has one of the largest proportions of median income-45 to 64 years at $71,250 of the total and is ranked #3. Only #2 Heidelberg ($80,000), and #1 Warsaw CDP ($82,083) are larger.

Figure 9 breaks down the source of income and Erin township has the largest proportion of income from wages at 4.6% of the total and is ranked #1. Second, it has the largest proportion of social security at 1.3% of the total and is ranked #1.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 22.7% which is the third most households with retirement income of all other places in the greater Erin township region. The city with the highest households with retirement income in the area is Warsaw CDP which shows a households with retirement income of 26.0% (14.8% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the percentage of overall family income less than most other places in the area at $93,438 of the total.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Erin township depicts it has the hightest cost of 140.8 for the cost of housing category.

Erin township Minnesota Labor Force Charts

The next two charts look at very recent, monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2020, the Covid 19 recession or great recession occurred and affects this metric. . It shows that from February 2010 to before the disasterous Coronavirus Pandemic the monthly unemployment rate went from 6.8% to 2.9% in February 2020. This represents a decrease in the monthly unemployment rate of 57.4%. Since that time, the monthly unemployment rate has gone to 1.8% This represents a decrease in the monthly unemployment rate of 37.9%. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. . It depicts that from February 2010 to before the disasterous COVID Pandemic the monthly labor force participation went from 31,136 to 40,026 in March 2020. This represents an increase in the monthly labor force participation of 28.6%. Since that time, the monthly labor force participation has gone to 39,545 This represents a decrease in the monthly labor force participation of very little.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows Erin township shows it has a Unemployment Rate of 2.1% which is less than most other places in the metro area. The city with the highest unemployment rate in the area is Heidelberg which depicts a rate of 5.3% (approximately 2.5 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Erin township depicts it has a Labor Force Participation of 71.7% which is in the mid point range of other places in the metropolitan area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Erin township shows full time employees approximately 4.1 times bigger as the part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner in the greater Erin township area. Erin township depicts it has a Single Earner Families of 28.3% which is more than all other places in the greater Erin township region. The percentage of families with no one working is depicted in Figure 22. Erin township depicts it has a Families with No One Working of 9.9% which is less than most other places in the metro area. The city with the highest families with no one working in the area is Kilkenny which shows a families with no worker of 21.4% (about twice as large).

Erin township Minnesota Poverty Charts

The next section details economy analysis about poverty for residents of the Erin township community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. Erin township depicts it has a Total In Poverty of 51 which is in the mid point range of other places in the metropolitan area. The city with the highest total people earning less than the poverty level in the area is Montgomery which depicts a total people earning less than the poverty level of 358 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Erin township depicts it has a Percent of Population In Poverty of 5.7% which is the second most of all the places in the greater region. The city with the highest percent of people earning less than the poverty level in the area is Montgomery which depicts a percent of people in poverty of 11.2% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. Erin township has one of the largest proportions of person in poverty under 12 years at 22% of the total and is ranked #2. The only larger city being Lonsdale with 32%. Second, it has one of the largest proportions of person in poverty 12 to 17 years at 24% of the total and is ranked #2. The only larger city being Lonsdale with 42%. Third, it has in the mid point range of other places in the metro area when ranked by person in poverty 18 to 34 years at 6% of the total. Also, it has the smallest proportion of person in poverty 55 to 64 years at 8% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Erin township has the largest proportion of white poverty rate at 60% of the total and is ranked #1. Second, it has one of the largest proportions of hawaiian poverty rate at 46% of the total and is ranked #2. The only larger city being Montgomery with 62%.

Figure 27 shows key poverty statistics for groups based on marriage status. Erin township has the largest proportion of married with children and in poverty at 37% of the total and is ranked #1. Second, it has the largest proportion of unmarried with children and in poverty at 71% of the total and is ranked #1. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Erin township has one of the largest proportions of people who are in poverty and unemployed at 25.5% of the total and is ranked #3. Only #2 Lonsdale (28.4%), and #1 Montgomery (28.8%) are larger. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Erin township shows it has a Public Assistance Percent of 6.7% which is the third most households with public assistance of all other places in the greater Erin township region. The city with the highest households with public assistance in the area is Kilkenny which depicts a households with public assistance of 21.6% (approximately 3.2 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Erin township shows it has a Gini Index of 34.9% which is in the center range of other places in the local area.

Erin township Minnesota Work Commute Charts

The following set of charts detail a variety of metrics that have economic impact, economic grow factors and economic development metrics in the Erin township community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 32 shows a high level view of how the population commutes to work (including the percent of people who work from home.) Erin township has the largest proportion of people who bicycle or walk to work at 13% of the total and is ranked #1. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Erin township or elsewhere.) Erin township has the percentage of people who drove alone the second smallest when ranked by people who drove alone of all the other places in the area at 76% of the total. Second, it has the largest proportion of people who took a taxicab, motorcycle or other at 2% of the total and is ranked #1. Third, it has the largest proportion of people who work from home at 13% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Erin township has the smallest proportion of people who leave for work between 12am to 5am at 5% of the total. Second, it has the smallest proportion of people who leave for work between 5am to 530am at 3% of the total. Third, it has the largest proportion of people who leave for work between 630 am to 7am at 25% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 11am to 12noon at 12% of the total and is ranked #1.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Erin township has the percentage of people with commute time between 5 to 9 minutes in the mid range of other places in the area at 7% of the total. Second, it has in the mid point range of other places in the greater region as measured by people with commute time between 10 to 14 minutes at 6% of the total. Third, it has the smallest proportion of people with commute time between 20 to 24 minutes at 2% of the total. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 18% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 60 to 89 minutes at 9% of the total and is ranked #1.

The average commute time is shown in Figure 37. Erin township depicts it has a Avg Commute Time of 41 which is at the top of all other places in the local area. Figure 38 shows the difference between male versus female commuting time. Erin township depicts average commute time in minutes for men approximately 2.9 times bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Erin township has one of the largest proportions of no vehicle available at 16% of the total and is ranked #2. The only larger city being Kilkenny with 16%. Second, it has one of the largest proportions of 1 vehicle available at 44% of the total and is ranked #3. Only #2 New Prague (45%), and #1 Lonsdale (52%) are larger. Third, it has the smallest proportion of 2 vehicles available at 19% of the total. Also, it has in the mid range of other places in the greater region when sorted by 3 vehicles available at 12% of the total. In addition, it has one of the largest proportions of 4 vehicles available at 10% of the total and is ranked #3. Only #2 Kilkenny (11%), and #1 Heidelberg (14%) are larger.

Erin township Minnesota Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. Erin township shows it has the hightest median earnings of $101,250 for the management, business, and financial occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Erin township depicts it has the hightest median earnings of $88,000 for the management, business, and financial occupations aggregate. The table in Figure 48, shows Erin township employment data in terms of job categories and salary data.

Erin township Minnesota Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. Erin township shows it has the hightest entrepreneurs of 50% for the self employed management, business, science, and arts businesses group.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. Erin township shows it has the hightest entrepreneurs of 34% for the self employed in agriculture, forestry, fishing and hunting, and mining classification.

In Figure 51 the average annual self employment/entrepreneur income is shown. Erin township depicts it has a Self Employment Income of $24,968 which is less than most other places in the local area. The city with the highest average annual self employment income in the area is Warsaw CDP which indicates an average annual self employment income of $47,508 (about twice as large). Comparing average annual self employment income to the United States average of $42,141, Erin township is approximately three-fourths the size. Also, measured against the state of Minnesota, average annual self employment income of $39,413, Erin township is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Erin township depicts total number of self-employed men about twice as large as the total number of self-employed women.